renegade_cowboy
Member
So here the deal, I have been in the industry for 10 years and have various certs. I am working on going full time with my business early next year. I have great ideas, good marketing and business plan, just little money and time right now. My brother wants to join my venture. He can come in and put up some money to get the ball rolling big time.
The problem is, is this business is my baby that I have been planning for years and I am in complete control of it. My brother understands that and respects that. He is just looking towards the future and wants to quit working for the man. He wants the freedom and $$ being self employeed, this is something he wants to do. He got me into carpet cleaning 10 years ago and steemer. He is good and can work hard, but how should I handle this.
I know my ideas will work if I had the money/time and I do want him to be apart of my business but I don't know about the money aspect. We both need to make a certain amount of money to take care of what we got. I think he could be a big asset to my business in many ways, but the money aspect maybe the downside to it.
How do other people handle business partners or family partners? Like I mentioned I do want him to be apart of it but I also want to build a future for my wife and 3 kids. I currently have a Tm and van that is paid for and all the equipment. I mostly do family , friends and referrals. My marketing plan (that I really want to do) to get the customers require more money than I have right now.
My ultimate goal is to own a multi-truck operation, not clean carpet and just focus on building this company outside of carpet cleaning too. I want to brand Go Green and sell various green products online and in stores (like kiosk in the mall to start). While spending more time with my family and being able to have the funds to take care of whatever life has to offer. I guess the American dream. :shock:
Thanks
:mrgreen:
The problem is, is this business is my baby that I have been planning for years and I am in complete control of it. My brother understands that and respects that. He is just looking towards the future and wants to quit working for the man. He wants the freedom and $$ being self employeed, this is something he wants to do. He got me into carpet cleaning 10 years ago and steemer. He is good and can work hard, but how should I handle this.
I know my ideas will work if I had the money/time and I do want him to be apart of my business but I don't know about the money aspect. We both need to make a certain amount of money to take care of what we got. I think he could be a big asset to my business in many ways, but the money aspect maybe the downside to it.
How do other people handle business partners or family partners? Like I mentioned I do want him to be apart of it but I also want to build a future for my wife and 3 kids. I currently have a Tm and van that is paid for and all the equipment. I mostly do family , friends and referrals. My marketing plan (that I really want to do) to get the customers require more money than I have right now.
My ultimate goal is to own a multi-truck operation, not clean carpet and just focus on building this company outside of carpet cleaning too. I want to brand Go Green and sell various green products online and in stores (like kiosk in the mall to start). While spending more time with my family and being able to have the funds to take care of whatever life has to offer. I guess the American dream. :shock:
Thanks
:mrgreen: